UK advances Seafarer Minimum Wage Bill as unions, ports object
The United Kingdom Government is moving forward with its new legislation that would require segments of the shipping industry to pay seafarers at levels at least equivalent to the UK…
Spanish Police find Cocaine in hull aboard CMA CGM boxship
Spanish find cocaine smuggled aboard and in hull of containershipSpanish authorities found 715kg of cocaine smuggled aboard a CMA CGM containership (Port of Algeciras file photo) Spanish authorities are working…
World hunger rising as U.N. agencies warn of “looming catastrophe”
World hunger levels rose again last year after soaring in 2020 due to the COVID-19 pandemic, with the Ukraine war and climate change threatening starvation and mass migration on an…
Oil could hit $380 if Russia slashes output over price cap-J.P.Morgan
Brent prices could soar to a “stratospheric” $380 per barrel in “the most extreme scenario” of Russia slashing oil production by 5 million barrels per day (bpd) in retaliation to…
Russia’s war pushes crude, diesel, grains to new trade routes
The immediate supply shock caused by Russia’s invasion of Ukraine was felt in power, petrol and supermarket prices across Europe and now, as the war enters its fifth month, sanctions…
Containers lost at sea increased 400% in 2020, 2021-report
There was a four-fold increase in the number of containers lost overboard during the 2020 – 2021 compared to the previous two-year. According to figures from the World Shipping Council…
EU seeks to release Ukrainian grain stuck due to Russia’s sea blockade
European Union foreign ministers will discuss ways to free millions of tonnes of grain stuck in Ukraine due to Russia’s Black Sea port blockade at a meeting in Luxembourg on…
U.S. asks EU to soften insurance ban for Russian oil cargoes- Report
The Biden administration is quietly asking its partners in the EU and the UK to soften a recently-announced ban on marine insurance for Russian oil cargoes, according to the Financial…
US President Biden lauds passage of Ocean Shipping Reform Act 2022
US President, Joe Biden. The US Congress has passed the Ocean Shipping Reform Act OSRA 2022 to the cheers of shippers, and politicians, but the chagrin of carriers. There had…
IMO MEPC78 sees important progress on greenhouse gas agenda
IMO Secretary General, Kitack Lim As the International Maritime Organisation IMO MEPC78 draws to a close, we have seen good progress on several important topics, including on the next phase…
